Some of the biggest legal issues entrepreneurs face are regulatory and compliance laws pertaining to their business.  Understanding the rules and regulations and what is required of your business is crucial to every venture.  Intellectual property and trademarks are also a significant issue.  Entrepreneurs need to ensure that they are taking the necessary steps to make sure that they are not utilizing someone else’s intellectual property without knowing.  Some of the hardest things that comes with being an entrepreneur and embarking into a new venture is understanding that in the beginning you hold every important title from CEO to CIO, to even CFO.  It’s important to understand a little between all of the fields, but it’s also important to understand that they are not subject matter experts in those areas, and its ok to consult outside the organization to professionals to ensure that the venture is doing everything correctly to avoid legal issues.  Things like getting the right attorneys that have experience within entrepreneurship ventures and utilizing things like non-Disclosure agreements are just a few tools that entrepreneurs have at their disposal to ensure that they are practicing their business in a legal and ethical manner.